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News & Press: Industry News

NYC taxi boss Meera Joshi to step down

Monday, January 7, 2019   (0 Comments)
Posted by: Megan Capie
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Meera Joshi will step down as head of the Taxi and Limousine Commission in March, Mayor de Blasio announced Saturday.
Her tenure, which began in 2014, was marked by huge challenges to traditional cabbies as the popularity of Uber and Lyft skyrocketed.
Recent years saw the app-happy competition drive the value of a taxi medallion down from over $1 million to $175,000, according to TLC data.

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